Why Attend
This seminar brings together the key strategic leadership skills of strategic planning, negotiation and conflict management required to succeed in today’s complex and challenging business environment.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Learn the key stages in the entire process, providing a takeaway toolkit for each key stage and each delegate; Apply to management issues, learn option generation, opportunity cost, choice and implementation phases of strategy; To understand the process of change, planning, organizational strategy and change; Identify the sources of conflict in the professional environment; Gain awareness of your own style in approaching conflict and negotiation; Learn how to achieve true win-win results & expand your range of negotiating skills; Be able to use a three-step planning guide to analyze and prepare for a negotiation
n/a
Module 1
Strategy and Strategic Planning
DAY 1
Strategic Thinking and Business Analysis
What are strategy and strategic planning?
Why are strategy and strategic planning important?
What are the main conceptual frameworks?
External analysis - understanding and analyzing business attractiveness - macroenvironmental factors, growth drivers, competitive forces, market dynamics
Benchmarking your own strategic position/competitor analysis
Analyzing customers
“Thinking backward from the customer”
Mini-case on importance of external analysis
DAY 2
Internal Analysis and fusion of analyses into strategic options
The interface of external and internal analysis
Internal analysis: financial
Internal analysis; non-financial
The concept and practicalities of the “balanced scorecard”
Diagnosing strategic problems and opportunities
A fusion of analyses into strategic choices - SWOT and the strategy matrix
Case examples of strategic choice
Mini-case on importance of internal analysis
DAY 3
Strategic plans and the relevance of alliances and joint ventures
Review of the tools used so far
The content of a strategy: avoiding “paralysis by analysis”
Putting a strategic plan together – the 5-page framework
A real-life example of a business strategy/strategic plan
Strategies for alliances and joint ventures
Example of best practice in alliances and joint ventures
Introduction and briefing for the main case study
First-phase group work on the main case study
DAY 4
Global strategy, teambuilding and the management of internal communication
The essence of globalization and global strategy
Globalization – the strategic dimension
Globalization – the organizational dimension
Globalization – the human dimension
How to build and manage a strategic planning team
Communicating strategy through the organization
Gaining your team’s commitment and buy-in to the strategy
Second-phase work on the main case study
DAY 5
Strategic implementation and getting the value out of strategy
Final-phase work on the main case study
Group presentations of the main case study
Effective execution - converting strategic analysis and planning into action
Linking strategy with operational objectives
Implementation – getting practical things done
Strategic planning of your own career
Creating tomorrow’s organization out of today’s organization
Conclusion - the corporate and individual value of strategic thinking
Module 2
Negotiation and Conflict Management in Organisations
DAY 6
Negotiation and Conflict Management
Negotiation theory and practice – negotiation defined
Power and society – the rise of negotiation and conflict management
The sources of conflict in the organization
Conflict escalation and steps to prevent it
Conflict management strategies
The two distinct approaches to negotiation
Understanding your own negotiation style
Negotiation as a mixed-motive process
DAY 7
Practical Negotiation Strategies
Strategic and tactical negotiation approaches to negotiation
Value claiming distributive negotiation strategies
BATNA, Reserve point, a Target point
Opening offers, Anchors, Concessions
Value creating Integrative negotiation strategies
Sharing information, diagnostic questions & unbundling issues
Package deals, multiple offers, and post-settlement settlements
The four possible outcomes of a negotiation
DAY 8
Negotiation Planning, Preparing, and Power
Wants and needs – distinguishing between interests and positions
A three-step model for negotiation preparation
Your position, their position, and the situation assessment
Understanding the sources of negotiating power
Altering the balance of power
The power of body language
Understanding thoughts from body language
Dealing with confrontational negotiators
DAY 9
Mediation skills – a powerful negotiation tool
Communication and questioning
Active listening in negotiation
ADR processes – putting negotiation in the context
Negotiation, Mediation, Arbitration, and Litigation
Mediation is a facilitated negotiation
Techniques of the mediator - practical mediation skills to help resolve disputes
Working in negotiation teams
Mediation in practice – mediation exercise
DAY 10
International and Cross-Cultural Negotiations
International and cross-cultural negotiations
Cultural Values and Negotiation Norms
Advice for cross-cultural negotiators
Putting together a deal
Team international negotiation exercise
Applying learning to a range of organizational situations
Summary session and questions